Answer:
It will take 74 months to pay-off the loan
Explanation:
We need to find time (n) in the present value of an annuity
C $100.00
time n
rate 0.012916667(0.155 / 12 months)
PV $4,750.00
Now, we solve for n using logarithmics properties:
-n = -74.07934663
n = 74
Answer:In American law, a signing agent or courtesy signer is an agent whose function is to obtain a formal signature of an appearer to a document. In common parlance, most jurisdictions require the appearer to sign before a notary public. From this, the practice of a notary public designating themselves as a signing agent has arisen. There are notaries public who specialize in the notarization of real estate transfer and loan document signings. Signing agents often have certification and training through private organizations, but is not a requirement in law, although it may be a requirement of the lender in the oversight of real estate transaction document signatures.
Explanation:
Answer:
no
the marginal benefit of working overtime in terms of income is less than the marginal cost of working overtime
Explanation:
According to the marginal cost principle, i would be willing to work if marginal benefit exceeds marginal cost
Marginal cost = 32 + 6.5 + 12 + 55 = 105.50
Marginal benefit = 99
the marginal benefit of working overtime in terms of income is less than the marginal cost of working overtime. So, i won't work overtime
Answer:
Explanation:
Employers and employees split the tax. For both of them, the current Social Security and Medicare tax rates are 6.2% and 1.45%, respectively. So each party pays 7.65% of their income, for a total FICA contribution of 15.3%. To calculate your FICA tax burden, you can multiply your gross pay by 7.65%.
It is <u>FALSE</u> that the expected level (value) of the forecasted quantity is the most important aspect of the forecast.
<h3>What is a forecast?</h3>
A forecast is an estimate of future trends using predictions of past and present data. A forecast assumes future repeatable patterns. However, a good forecast is:
- Cost-effective
- Accurate
- Meaningful.
Thus, since the actual values will always differ from forecasted values, the most important aspect of the forecast is not the expected value.
Learn more about forecasts at brainly.com/question/26143214